Los Angeles Economic Incentives for Business, Proposition E, March 2009

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A Los Angeles Economic Incentives for Business, Measure E ballot measure was on the March 3, 2009 ballot in the City of Los Angeles, California. The measure was defeated.[1],[2]

Proposition E asked, "Should the Los Angeles City Charter be amended to clearly express the authority of the City of Los Angeles to provide incentives to businesses that will encourage economic development and provide public benefits to the City of Los Angeles and its residents?"

Election results

Los Angeles Proposition E, March 2009
Yes or no Votes Percentage
Yes 100,747 47.83%
No 109,906 52.17%
Total votes 210,653 100%

Supporters of Measure E

Supporters included Mayor Villagairosa and Los Angeles City Council member Greig Smith.

Reasons given for supporting Measure E included:

  • It gives the city the ability to offer financial incentives to businesses. That will make it easier to attract businesses to the city.
  • It would allow the city to create an economic development department to offer standardized incentives to businesses.[3]

Opponents of Measure E

Opponents of Measure E included mayoral candidate Walter Moore and the Los Angeles County Democratic Party.

Arguments against Measure E

  • Walter Moore opposed Measure E because "it would let the career politicians at City Hall continue to give hundreds of millions of dollars of your tax money each year to politically connected companies. These programs are unfair, and do not increase employment overall. Rather, experience here and in other cities and states shows these programs simply redistribute taxpayers’ money to a chosen few. Simply stated, it’s 'welfare for the rich.'"
  • It would have sacrificed public safety.
  • It only have only helped businesses that have powerful political connections.
  • It would not have increased employment overall. It would have simply moved employment from businesses that don't have powerful political connections to businesses that do have powerful political connection, with no net increase in number of jobs.

Newspapers

Newspapers that editorialized in favor of a "no" vote on Measure E:

  • The Los Angeles Daily News, saying, "This proposal writes some vague language into the city charter that could be terribly abused by politicians."[4],[5]
  • The Los Angeles Times, saying, "Charter Amendment E follows a disturbing and increasingly frequent pattern in ballot measures created by elected officials and placed before voters. It seeks a transfer of power to the political body but fails to enumerate just what that power may be."[3]

See also

External links

References

  1. "City Of Los Angeles Election Results", May 3, 2009
  2. Los Angeles Times, "Taxpayer subsidy measure defeated", March 4, 2009
  3. 3.0 3.1 Los Angeles Times, "Changing the charter, For the March 3 ballot, The Times supports Charter Amendments A, C and D, but opposes E", February 22, 2009
  4. LA Observed, "Daily News goes no on B", February 23, 2009
  5. Los Angeles Daily News, "Solar power? Healthy local industries? We say yes to both but no to March 3 city measures that change our charter", February 21, 2009
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